VOLATILITY, DISPERSION & CANDLES
Normalized ATR
The average true range stated as a percentage of price, so a $20 stock and a $600 stock can be compared on equal terms.
spec id: natrlength (default 14)
What does Normalized ATR measure?
The average true range stated as a percentage of price, so a $20 stock and a $600 stock can be compared on equal terms.
How is Normalized ATR calculated?
Take the 14-candle average true range and divide it by today's close, as a percentage.
Written by reading the engine’s real computation, not a textbook — where the two differ, the page describes what actually runs.
How do I use Normalized ATR in a bot?
In the builder, add an indicator of type natr (parameters: length, default 14). Its value becomes an operand you can compare in any entry or exit rule. The engine grades the whole rule honestly: real fills, no look-ahead, half the history held back.
Related indicators
- Percent rankWhere today's value sits against its own recent history, as a 0-100 percentile.
- High-low rangeHow tall the candle was, top to bottom.
- SkewnessWhether recent prices lean up or down around their own average.
- STARC bandsA price channel built on a short average with volatility-scaled edges — traditionally used to judge whether a breakout is worth chasing.
Or browse all 158 indicators in the full library.